Feb 21, 2013 7:00am PST
say that means as many as 700,000 of the 800,000 civilians who work for the pentagon. >> this is not a beltway phenomenon. on our civilians it will be catastrophic. >> reporter: civilians like sue ann fallenberg a single mom and administrative assistant at a naval school 3,000 miles away from washington in monterey california. >> i would have to get a part-time job to support my family. >> reporter: she is worryied about the 20% pay cut if she's furloughed or put on involuntary pay one day a week. >> can you reduce the rent for 20%? i can't say that. >> reporter: and it's not just cuts to the pentagon dozens of agencies including the fbi will also have to make difficult choices. >> the fbi would be in the position of having to evaluate where those reductions can come from, and that may impact in the national security arena. >> reporter: the president will continue in coming days to highlight the hardships to individuals and to the public at large if the cuts take place. democrats congressional campaign committee also goes on the offensive today.
Feb 21, 2013 7:00am EST
be affected. that means 700,000 of the 800,000 who work for the pentagon. >> on our civilians it will be catastrophic. >> reporter: civilians like sue ann falkenburg a single mom 3,000 miles away in california. i would have to get a part-time job to support my family. >> reporter: falkenburg is worried about the pay cut or furlough. >> i can't exactly call my landlord and say, hey, i got a 20% cut in my salary can you reduce the rent for 20%? >> reporter: it's not just the pentagon. dozens of cuts including the fbi will have to make difficult choices. >> the fbi will have to be in a position to evaluate where the reductions will come from and that may impact the national security arena. >> reporter: the democrats' congressional campaign committee also goes on the offensive today. they will accuse republican of risking 700,000 jobs in order to protect special interest tax loopholes. >>> a total disaster that's what one walmart executive reportedly wrote about a plunge in sales. its it's announcing its report this morning. rebecca jarvis is here this
Feb 14, 2013 7:00am PST
the pentagon, which announced plans last week to reduce its presence in the persian gulf to close the expected budget shortfall. >> we're weeks away from the president's sequester. >> reporter: house republicans have coined the somewhat clunky term "obama-quester" to describe the looming cuts in an attempt to pin the blame on the president. >> i call on the democrats to show us their plan to stop the sequester from going into effect. >> reporter: house republicans passed their own plan last year but the president panned it. >> they made bigger cuts to things like education and job training medicare and social security benefits, that idea is even worse. >> reporter: millionaires just saw their taxes go up two months ago, when they lost their bush era tax cuts and house speaker john boehner has been telling us all week the president got his revenue then. he's not getting any more. ra and j.b. these two sides have to start dealing if they want to avert the deadline which is just two weeks away and congress isn't even in session next week. >> wow, nancy cordes t